Articles tagged Canada

The U.S. natural gas rig count fell by one unit to 97 for the week ending Friday (Aug. 23), according to updated data from Enverus and Baker Hughes Co. (BKR).

Energy midstream giant Tallgrass Energy, which operates 10,000-plus miles of natural gas and oil pipelines and storage systems across the Lower 48, has clinched a new partner that is bringing in a bundle of funding.

Alberta natural gas producer Peyto Exploration & Development Corp. plans to maintain current production levels until prices strengthen at the AECO hub in Western Canada, according to CEO Jean-Paul Lachance.

Natural gas export capacity could explode within months on the Gulf Coast and in Western Canada, a signal for operators to begin ramping up activity. Still, storage is continuing to rise, and weather demand has remained tepid. What does it mean for prices? NGI’s experts have a few answers.

The commercial start up of Western Canada’s first natural gas export project, LNG Canada, is going to lead to an uptick in Montney Shale drilling in 2025, according to Calgary-based Precision Drilling Corp.

TC Energy Corp. is transporting record volumes of natural gas on its Canada, U.S. and Mexico pipeline systems, and expects demand growth to accelerate over the coming years, according to management.

Much of Canada could endure sizzling summer conditions that could drive robust cooling demand and potentially curtail hydropower – amplifying demand for natural gas.

As wildfires rage across Western Canada, Peyto Exploration & Development Corp. has taken measures to mitigate potential impacts to its natural gas operations, according to CFO Tavis Carlson.

Canadian oil and natural gas operators are working to manage water use as western provinces face increasingly dry conditions after a mild winter. 

Natural gas production cuts have stabilized the fuel’s prices by countering weak Lower 48 winter demand, turning the market’s attention to the next big levers for fundamentals: the upcoming summer and added wind and solar capacity.